Former Standard Life director Stephen Ingledew has been appointed as chief executive of FinTech Scotland, the new public body set up to boost growth in the financial technology sector.

Ingledew, who was commercial director at Barclays Wealth before jointing Standard Life in 2007, was a director of distribution at the Edinburgh-based insurer and money manager before moving up to managing director of corporate in 2011 and then to managing director of marketing and customers in 2016.

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He left Standard Life in 2016 and joined the board of Marketing Edinburgh in June 2017 as a non-executive director.

Ingledew will now head up FinTech Scotland, the organisation established by the Scottish Government, Scottish Financial Enterprise and the University of Edinburgh which aims to promote sustainable growth in Scotland's financial services sector.

Commenting on his new role, Ingledew said: "I am delighted to be given the opportunity to lead FinTech Scotland and help assert our capability as a leading and thriving FinTech environment.

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"The fusion of financial services and technology can deliver the economic benefits of growth and productivity, and the social benefits of employment opportunities and better consumer outcomes."

Business Minister Paul Wheelhouse added: "The Scottish Government, together with industry and academic partners, will now work closely with Fintech Scotland to unlock what look to be significant economic benefits of a thriving FinTech sector."